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20130113
20130121
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KQED (PBS) 2
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PBS
Jan 17, 2013 7:00pm PST
.s. economy energized the stock market today. the dow jumped 85 points, the nasdaq added 18, and the s&p gained eight points. here's what inspired investors to buy stocks: housing starts surged more than 12% last month, hitting the highest level since june 2008. permits for future home construction were also the strongest in more than four years. the upbeat december performance echoes other recent measures on housing. and, there was also good news on the labor front: jobless claims fell last week to the lowest level in five years. >> susie: so is the slow growth environment coming to an end, or is the u.s. economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond the hou
Search Results 0 to 1 of about 2 (some duplicates have been removed)